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Tim Holding Stock To Go Ex-dividend Tomorrow (TSU)

NEW YORK (
TheStreet) -- The ex-dividend date for
Tim Holding Company (NYSE:
TSU) is tomorrow, April 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 58 cents per share. At a price of $30.40 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Tim Holding has been 1.1 million shares per day over the past 30 days. Tim Holding has a market cap of $16.09 billion and is part of the
technology sector and
telecommunications industry. Shares are up 19% year to date as of the close of trading on Tuesday.

TIM Participacoes S.A. provides mobile telecommunications services through global system mobile (GSM) technology to business and individual customers in Brazil. It provides prepaid and post paid services. The company has a P/E ratio of four, above the average telecommunications industry P/E ratio of 2.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Tim Holding as a
buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full
Tim Holding Ratings Report.